Fed's Decision To Raise Interest Rates 'Will Be Straightforward' And 'We're Not In A Recession': Fed Governor On Bringing Down Inflation

Investors are becoming friendlier with the idea of an interest rate hike this month, as more Fed governors continue to express their support for a third yearly increase to the federal funds rate.

Fed Governor Christopher J. Waller spoke on Friday, and his comments add additional certainty to the prediction of another rise to the federal funds rate on September 20.